Computers, Marketing, Banking Awareness IBPS Quiz 8

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Here is a quiz for upcoming Banking exams like IBPS Clerk. This quiz contains important questions which match the pattern of IBPS PO and IBPS Clerk, so make sure you attempt today’s Computers, Marketing, Banking Awareness IBPS Quiz 8 for PO and Clerk to check your preparation level.

Computers, Marketing, Banking IBPS Quiz

Que. 1

Which of the following refers to a small, single-site network?

1.

PAN

2.

DSL

3.

RAM

4.

USB

5.

CPU

Solution

Answer:

The PAN stands for Personal area network where data is transferred between the system and other PDAs for portable use by the user.

Solution

Answer:

A mutual fund is a type of professionally managed collective investment scheme that pools money from many investors to purchase securities. While there is no legal definition of the term mutual fund, it is most commonly applied only to those collective investment vehicles that are regulated and sold to the general public.

Who gave the shortest ever interim budget speech in India amongst the following?

1.

K.C. Neogy

2.

H. M. Patel

3.

H.N. Bahuguna

4.

Rajiv Gandhi

5.

None of these

Solution

Answer:

India’s shortest ever interim budget speech was delivered by Haribhai M. Patel in 1977. He was appointed the Finance Minister by the Prime Minister Morarji Desai, who was leading India’s first non-Congress administration. Patel served as Finance Minister of India from 1977 to 1980.

Solution

Answer:

The Foreign Exchange Management Act, 1999 (FEMA) is an Act of the Parliament of India "to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India".

Which among the following is the regulator of the commodity market in India?

1.

MCX

2.

Forward Market Commission

3.

SEBI

4.

NCDEX

5.

none of these

Solution

Answer:

The Forward Markets Commission (FMC) is the chief regulator of commodity futures markets in India. As of July 2014, it regulated Rs 17 trillion worth of commodity trades in India. It is headquartered in Mumbai and this financial regulatory agency is overseen by the Ministry of Finance.

Solution

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